June, 2017

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The Importance of Liability Insurance

trucking liability insurance in Texas.

With Texas being in a central location, trucking is an important and lucrative business for the state. The Panama Canal expansion doubled shipping capacity with the addition of a new traffic lane. This new development means Texas is primed to increase the export and distribution of dry and liquid bulk cargo. With this potential for success comes the vital need for trucking liability insurance in Texas.

Finding Appropriate Liability Coverage

  • Many insurance companies can fill this requirement, offering a range of policies that may include the following:
  • Coverage of single trucks or truck fleets
  • Physical damage
  • Non-trucking liability
  • Equipment breakdown
  • Workers compensation

With these types of coverages, trucking businesses can cover more than just their cargo. They can protect employees, damaged equipment, property and more.

Choosing a Company

In general, insurance companies are acutely aware of how essential it is to protect clients against rising costs and potential losses. Its possible to tailor individual policies to provide the exact types of coverage needed. For example, a cargo insurance policy can protect a clients assets as well as offer coverage for second parties. Trucking companies can usually find the perfect balance of friendliness, professionalism and dedication to crafting long-term relationships built on trust and transparency.

Insurance companies that offer trucking liability insurance in Texas understand the need of being up to date on the various regulations that can impact a trucking companys bottom line. Choosing one that covers all necessary liability areas is a vital first step.

Find the Right Insurance Programs for a Vape Shop

vape shop insurance programs

Shop owners involved in the growing vaporizer or e-cigarette industry may be interested in vape shop insurance programs. Nicotine delivery devices and supplies are relatively recent inventions and sales are age-restricted. These factors give rise to unique exposures to risk and liabilities.

The Unique Exposures of Vape Shops

Shops that specialize in vaporizer devices and supplies can be considered hard-to-place risks by many commercial insurance providers. A specialized provider can offer vape shop insurance programs for these unique exposures, including coverage for investigation and proof in cases involving exploding batteries and other known risks.

Business, Liability, and Property Coverage

Vape shops are unique businesses in some ways, but are also commercial operations like any other. Standard business coverage like commercial general liability insurance and property insurance are likely needed. The best provider should be capable of covering them in their entirety.

Additional Insurance Programs

Vape shop owners should contact an insurance provider specializing in this line of business for options available through vape shop insurance programs. It may be possible to obtain standalone property insurance or a range of limits.

Look for a provider familiar with the common needs and unique exposures of this line of business. The right level of coverage can ensure that owners can operate with confidence.

Common Mistakes To Avoid When Insuring Your Warehouse

warehouse insurance

Whether youre new to the industry or have been working in it for 40 years, you know the importance of warehouse insurance. Insurance coverage is your safety net whenever something goes wrong at your facility. Mistakes in your policy can end up costing your business hundreds of thousands. Here are some of the most common mistakes warehouse owners make.

Not Shopping Around

Insurance companies arent all the same. Many agencies do not offer all the services you need to protect your business. Others might have complete coverage, but at double the price of their competitors. Always compare policies before selecting one.

Not Thinking Long-Term

If youre planning for business growth, why not apply that to every part of your business? Selecting an insurance agency that doesnt have the resources to handle your growth just means frustration down the line.

Not Choosing One Company

This may sound obvious, but its a bad idea to mix and match policies from different companies. While shopping around can be beneficial, partial policies generally create gaps in coverage akin to having no insurance at all.

Avoiding these mistakes will greatly benefit your company. If you do a little research, you should be able to find the right warehouse insurance company. An agency with experience in your industry can help you select a policy that fits the needs of your business perfectly.